Bauer Business Focus

Tune in to News 88.7 FM’s morning segment every Friday at 6:35 a.m. and 8:35 a.m. to hear Bauer faculty and business experts discuss business news, trends and issues.

Ambassador Suk-bum Park | October 11, 2013

Published on October 9, 2013

Consul General of the Republic of Korea Suk-bum Park visited Bauer Business Focus to discuss the state of the Republic of Korea’s business relationship with Houston.

On Bauer Business Focus — A conversation on business relations between the Republic of Korea and the city of Houston with Andrew Schneider, business reporter for KUHF 88.7 FM.

With the U.S.–Korea Trade Agreement now being in effect for more than a year, Houston’s trading with Korea has seen some realignment in business.

Consul General of the Republic of Korea Suk-bum Park sat down with Bauer Business Focus recently to discuss the state of the Republic of Korea’s business relationship with Houston, from the maritime industry to free trade agreements, as well as the upcoming Houston Shipping Conference.

“The Korean Consulate in Houston, in conjunction with Norway and Brazil, are now preparing to hold a conference on shipping and offshore on Oct. 23 at the Houstonian Hotel,” Park said. “This conference is the third occasion that we have organized the conference, inviting international players in offshore and shipping areas from the United States, as well as Korea, Norway and Brazil.”

The role of Korean companies in the oil and gas industry has intensified over the last few years, as seen at the past few Houston’s Offshore Drilling Technology Conferences and the team of Korean journalists who were sent here to cover the activities of Korean companies in Houston.

“The role of the Korean maritime industry is evident in Houston because Houston is a very particular place of energy development, especially in terms of offshore drilling and the production of oil and gas,” Park said. “Korean companies, in many ways, participate directly and also indirectly by providing equipment and also facilities for these activities.”